The fathers of the 401(k) plan as we know it today never intended it to replace the traditional pension plans most workers used to enjoy. But that’s exactly what’s happened over the last 30+ years. That’s what these individuals recently told the Wall Street Journal.

I have 4 kids. Two are in college and 2 are still in high school. As we were all sitting at the same table recently for Thanksgiving, I thought to myself, I really love having my kids around, even if it’s only for a few short days during Thanksgiving break.

Health, or the lack of it, seems to be on everyone’s minds these days. Is Hillary sick? Is Donald overweight? Are they more or less healthy than past candidates? Their respective political machines are advancing theories on an hourly basis, it seems.

Imagine you just won a gold medal at the Rio Olympics that no one expected you to win. You’re a Cinderella story. When you finally get home after a whirlwind celebration, you have incredible offers from a whole bunch of sponsors who want to pay you big bucks to be their smiling spokesperson.

Over the last 12 months or so, the market appears to be down. In fact, when I logged into my own Vanguard account in January of this year, I discovered that one of my funds was down -8% and the other -10%.

I know…RMD’s don’t actually stand for that. They stand for Required Minimum Distributions. Anyone over age 70 ½ knows what they are. It’s when the IRS requires you to take a mandatory withdrawal from your IRA’s so they can tax you on it.

What do the New Year’s Eve Ball and the stock market have in common? They both started the year dropping. The difference is one signals promise and hope for the New Year, and the other signals…well, we might not want to think about what it signals.

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